How has ecommerce changed in the economy?

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It's hard to imagine a time when we could not buy the internet. It was not long before all our purchases had to be made personally, by phone or by mail. And while most products are ordered by these methods, the easiest way to buy something for online shopping. Almost all aspects of the industry have been affected by e-commerce and will never return to the way it was.

At the dawn of e-commerce, America has shifted to a service-based industry. Most manufacturing is now outside the United States in countries such as China, Japan or Taiwan. One of the largest companies in the United States has internet access. A company like Google does not have a tangible product, but gives billions of dollars to people. Microsoft is producing physical products such as Zune or Xbox, but most of the revenue comes from the sale of the software.

E-commerce enables companies to hire companies worldwide to compete for an international job. Previously, firms had to hire a job, provide an office for them to work and pay full-time. Now companies can outsource projects and tasks to locations such as India and Russia for a fraction of the cost. This means that more and more technology can be made, more jobs can be done overseas and the labor market becomes more and more competitive.

E-commerce has allowed more people to launch a business. For about $ 20, everyone can pick up and operate the site within 24 hours. This is a past time in human history. It has never been so easy for ordinary people to become entrepreneurs. It also made it easier for people to get a reputation for 15 minutes. All you have to do is do something nonsense on the camera and send it to YouTube. If this is viral, you can become an Internet celebrity and enjoy a moderate reputation.

Baby boomers embroidered online shopping and probably those who remember what it was like in an internet-free world. They spend most of their adult lives without the internet, but there is still no problem with online shopping. This trend will continue as they are older and older and require more and more services. The online e-commerce industry should not grow steadily for at least the next 20 years.

Source by sbobet

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